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Simple Term Life Insurance

Get a great price. No medical examinations.

HSBC Term Protector is a term life insurance plan with no savings element underwritten by HSBC Life (International) Limited.

Key features

  • Apply online for up to HKD 5,000,000 of coveragefootnote2 in less than 5 minutes. No medical examination required.
  • Lock-in 10 years of great rates before your next birthday. Premiumsfootnote3 will be adjusted once every 10 years and we will give you prior notice.
  • Remain covered up to the agefootnote4 of 80, no matter what happens to your health.
  • Convertfootnote5 to an available whole of life or endowment plan without further health checks before the Agefootnote6 of 60.
  • Cancel your policy anytime, without penaltyfootnote7, whenever you no longer need the protection.

How to apply

Online application


At an HSBC branch

Find your nearest branch

Need to make a claim?

Download claim form

  • Eligibility
  • Product Brochure

What’s included?

Life cover

In the unfortunate event of your death while being covered by this product, your beneficiary(ies) will receive a lump sum cash payment equal to the Sum Insuredfootnote2 amount of your Policy. The maximum coverfootnote3 for this product is HKD 5,000,000. If you are looking for a term life insurance product that offers a higher protection amount, we have another product "Privileged Term Protection Plan" which might cater for your needs. For more details, please refer to the relevant product brochure.

Guaranteed level premiums

Your monthly premiums remain level for the first 10 years. Afterwards, the premiums will be adjusted every 10 years until your Policy ends.

Guaranteed protection

This product can cover you up to the Agefootnote4 of 80, even if the state of your health changes.

Payment Method

Payment of the premiums can be settled by HSBC bank account or HSBC credit card.

For more details, refer to our Product Brochure and Policy Provisions.

Manage your policy online

It's easy to:

  • review your policy details
  • change your payment instructions

Make a claim

Sometimes life doesn’t go according to plan and a quick and easy life insurance claims process is all your loved one needs.

HSBC Comprehensive Critical Illness Protection Plan

HSBC Comprehensive Critical Illness Protection Plan provides critical illness benefits protection under both Base Critical Illness Benefit and Multiple Critical Illness Benefit, allowing claims for Critical Illness of up to 200% of the Sum Insured for each of the two illness groups (Cancer Illness Group and Non-Cancer Illness Group).

Note: HSBC Comprehensive Critical Illness Protection Plan is not equivalent or similar to any kind of deposit.

Mortgage Protection Plan

The Mortgage Protection Plan provides you with life insurance coverage to repay your mortgage in the event of your death, so that if misfortune happens, your family will have somewhere to live.

Your premiumfootnote3 is guaranteed not to change for the first 10 years of the plan. From year 11 for every 10 years, your premium will be adjusted. A notice of such premium adjustment will be sent to the Policyholder prior to it taking effect.

If you are not satisfied with the Policy, you have a right to cancel it and obtain a refund of any premium(s) paid, by giving written notice within the Cooling-off Period (that is, 21 days after the delivery of the Policy or issue of a notice informing the availability of the Policy to you, whichever is the earlier). To cancel, you must sign any such notice, return the Policy (if received) and ensure that such notice and the Policy are received directly by the office of HSBC Life (International) Limited at 18/F, Tower 1, HSBC Centre, 1 Sham Mong Road, Kowloon, Hong Kong within the Cooling-off Period. After expiration of the Cooling-off Period, if you cancel the Policy or the Policy is lapsed or terminated for any reasons, you will not get back the premium you have paid.

There is a 30-day Grace Period for premium payments that are due. If you cannot make the payment by the end of the Grace Period, the Policy will lapse with effect from the due date of the first unpaid premium.

End Notes Select to Expand Select to Collapse


1"The Power of Protection – Life changers" report published by HSBC Holdings plc, London in 2016.

2 The total Sum Insured of all the pending and in force applications or policies issued under HSBC Life (International) Limited for each Life Insured subject to the simplified underwriting requirements shall not exceed HKD5,000,000 (for Life Insured aged 50 or below) or HKD2,500,000 (for Life Insured aged above 50). The Death Benefit equals to the Sum Insured less outstanding premiums (if any). The Company reserves the right to accept or reject any applications for the Plan based on the information provided by the Life Insured during application.

3 The premium adjustment will be determined in accordance with the Company’s prevailing rate table applicable to this class of Policy and the Insurance Age of the Life Insured at the time of adjustment. Any change in premium rate is based on factors including but not limited to medical inflation, changes in medical practice and actual claim experience at the time of adjustment. A notice of such premium adjustment will be sent to the Policyholder prior to it taking effect.

4 The policy anniversary at which the Life Insured reaching 80 based on age at next birthday.

5 The new policy must be a prevailing product determined by the Company at the time of policy conversion and its conversion will be subject to prevailing regulatory and the Company’s requirements. Please refer to Policy Provisions for detailed terms and conditions.

6 Age means your age at next birthday.

7 If you cancel the Policy or the Policy is lapsed or terminated for any reasons, you will not get back the premium you have paid.


HSBC Term Protector (the “Plan”) is underwritten by HSBC Life (International) Limited ("the Company") which is authorised and regulated by the Commissioner of Insurance of the Hong Kong SAR. The Hongkong and Shanghai Banking Corporation Limited (referred to as "HSBC") is an insurance agent authorised by the Company. Your benefit is subject to the credit risk of the Company. Your premiums paid will form part of the Company's assets. You do not have any rights or ownership over any of those assets. Your recourse is against the Company only. This product is a product of the Company but not HSBC and it is intended only for sale in the Hong Kong SAR.

Please refer to the respective product brochure for detailed features and the Policy Provisions for the detailed terms and conditions.

HSBC Life (International) Limited is incorporated in Bermuda with limited liability, and is one of the HSBC Group's insurance underwriting subsidiaries.